Market Update: Stocks edged higher today/this week and hit another record high as earnings continue to be released in droves. Microsoft (MSFT), Intuitive Surgical (ISRG) and Morgan Stanley (MS) were a few stocks that rallied today on earnings. Remember, we focus on how stocks react to the news, not the news itself. So far, the…
Monday-Wednesday’s Action: The S&P 500 broke out of its very long trading range and hit a fresh record high on Monday. Overnight, Japan’s ruling party won their election by a large margin and announced more stimulus. That sparked a huge rally in Japan’s stock market (up almost 4%) and that lead to more gains…
Travel Update: I’m writing to you from the beautiful mountains of Tremblant, Canada. Next week, we will be in Montreal and Ottawa. Then, heading back to FL at the end of July. Barring a large market move, there will be one intra-week update next week instead of two. Dear All: 1. There are…
Market Update: Stocks are very strong and the fact that they gapped up this morning even though the bank of England did not cut rates illustrates how strong they are right now. We can go on and on but rest assured we are in the early stages of a new uptrend and weakness should…